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Daily Archives: November 4, 2020

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Credit administration: Routines of a Bank Manager

Loans and advancesBy Surendra NaikNovember 4, 2020Leave a comment

The loan and advances made by a bank shall be utilized for the recognized purpose and the fund is effectively recycled. As a business partner, your bank is also a stakeholder in the business performance of his borrower. This is because the investment made by the borrower through the bank finance shall bring income both…

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